Investment Archives - Page 75 of 105

Investment

September 23, 2024 8:25 PM

93% of Futures and Options investors incur significant losses, reveals SEBI study

A recent study by the Securities and Exchange Board of India (SEBI) has revealed that approximately 93 per cent of individual traders in the equity futures and options (F&O) segment experience losses. The report highlights that over 9 out of 10 t...

September 23, 2024 6:11 PM

Euro drops as glum PMI readings stoke bets on more ECB easing

The euro fell against the dollar on Monday as business activity readings painted a grim picture of the euro zone economy and fuelled bets on more interest rate cuts by the European Central Bank (ECB) this year. The common currency dropped 0.4% to $1...

September 23, 2024 4:37 PM

Sterling at two-year peak versus euro after PMI data

Sterling dipped against the dollar on Monday but touched a new two-year high versus the euro as business activity readings pointed to diverging economic cycles in the British and euro zone economies. The pound slipped 0.2% to $1.3298, hovering below...

September 23, 2024 4:42 PM

Indian markets ended on a positive note on Monday

The stock market ended on a positive note on Monday, with both benchmark indices reaching record highs. The BSE Sensex surged by 384.30 points, closing at 84,928.61, while the NSE Nifty climbed 148.10 points to settle at 25,939.05. Gains in sectors s...

September 20, 2024 8:50 AM

India extends USD 50 million budgetary support to Maldives for another year

India has extended budgetary support to the Maldives government in the form of a rollover of the USD 50 million Treasury Bill for another year on the Maldivian government's request, the Indian High Commission in the Maldives announced on Thursday. A...

September 19, 2024 9:53 PM

Despite being leader in digital transactions, cash circulation increasing substantially in India

Despite India being a leader in digital financial transactions, cash currency in circulation has more than doubled over the last eight years. As per Reserve Bank of India (RBI) data, since the demonetization of Rs 1000 and Rs 500 notes in 2016, the c...

September 19, 2024 12:59 AM

Dollar drops as Fed cuts rates by half a percentage point

The dollar dropped after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater confidence that inflation will continue to recede to the U.S. central bank's 2% annual target. The Fed cut the overnight rate to ...

September 18, 2024 9:05 AM

India and US agree to explore ways to strengthen cooperation across energy value chain

Union Minister of Petroleum and Natural Gas Hardeep Singh Puri held a meeting with US Assistant Secretary of State for Energy Resources Geoffery Pyatt on the sidelines of GasTech 2024 in Houston. The two leaders reviewed the existing energy cooperati...

September 17, 2024 9:15 PM

Indian shares register marginal rise with focus now on US Fed action

Stock indices in India closed Tuesday's trading marginally up after having touched fresh highs during the session, but remained largely muted ahead of the crucial US Federal Reserve monetary policy meeting. Sensex closed at 83,079.66 points, up 90.8...

September 16, 2024 12:15 PM

PM Modi inaugurates 4th Global Renewable Energy Investor’s Meet in Gandhinagar

Prime Minister Narendra Modi inaugurated 4th Global Renewable Energy Investor's Meet (RE-INVEST) 2024 in Gujarat's Gandhinagar district on Monday. Hosted by the Ministry of New and Renewable Energy (MNRE), the three-day conference is anticipated to ...

DD India